You'll have to do a lot of searching to find a lender that will participate in the rehab portion of this program.

My personal preference is to each have our own entities & have a joint venture agreement between active participants .

Things that contribute to a greater price per square foot are: flooring covered with paint ( I could barely get anyone to even quote me on this and we wound up doing it ourselves), stairs, staining (it is an extra coat), nails poking up, water based finish.

2/3 rd's vote. 5) The more you know the other investors/participants in the fund, the better so that you can unify & make decisions in the future if needed. 6) Ask yourself this question: How can I monitor the project to make sure I can identify a problem before it's too late?

"Beware of participating in a pissing contest, nobody really wins, & everyone just ends up with wet smelly shoes."

If most or all of your income comes from an activity and you actively participate in the activity, you are probably in business.

Second was a nightmare of old barely legal octopus venting.

You're at the age where your career is barely taking off.

There's value here in just reading, @Joe Fairless , but the real value comes from participating, as you can see.

Its just been in the last month that I've gotten my house to a point where I could barely cashflow it as a rental.